We were just about to exchange contracts for a ground floor flat in Westcombe Park. We have hit a problem. Our mortgage offer with Yorkshire Building Society runs out on 14/4/2026 but the vendors are insisting on a completion date of 16/4/2026. Is it possible to prolong the loan offer?
The person best placed to address this issue is your solicitors who will determine whether they better off negotiating with the mortgage broker, vendor’s lawyers, property agents or indeed all three given the circumstances your transaction as of today.
Can I use your services to locate a Conveyancing solicitor in Westcombe Park even if I’m not purchasing or disposing of a house, for example if I wish to acquire an office in Westcombe Park with a loan from Santander?
The service is mainly utilised to locate domestic conveyancing solicitors in Westcombe Park but we have listed towards the bottom of this page a selection of Westcombe Park commercial conveyancing firms. You will need to make contact with the firm directly to see if they can also act for Santander
I had intended to instruct a property lawyer in Westcombe Park for our house move. Our financial adviser has since notified us that our bank Barclays Direct won't deal with them. Surely this is unduly restrictive?
Pre- 2008 most mortgage companies had an appetite for risk which was higher than today. Almost all Westcombe Park conveyancing firms would have been on many bank panels. The financial services regulator in 2010 completed a thematic investigation into mortgage fraud which concluded: know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more information from law firms about their operations and their employees and set certain criteria such a completing on a minimum volume of transactions. Many Westcombe Park conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Westcombe Park is amongst the many areas where the lawyers we recommend are are authorised to act for Barclays Direct.
Various internet forums that I have frequented warn that are the number one reason for hinderance in Westcombe Park conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of delay in conveyancing in Westcombe Park.
I have just started marketing my basement flat in Westcombe Park. Conveyancing lawyers have not yet been instructed, however I have recently received a yearly service charge invoice – Do I pay up?
It best that you discharge the service charge as usual as all rents and maintenance payments will be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I have attempted and failed to negotiate with my landlord for a lease extension without getting anywhere. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a Westcombe Park conveyancing firm to assist?
Most definitely. We are happy to put you in touch with a Westcombe Park conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Westcombe Park flat is 73 Walerand Road in August 2012. the result of the findings of the Tribunal led to a premium to be paid for the extended lease in respect of Flat 73 in the sum of £10,040. The premium applicable in respect of Flat 85 was £5,710. This case related to 2 flats. The unexpired term was 72 years.
How much experience do your Westcombe Park conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Westcombe Park conveyancing lawyers help thousands of buyers move home every year and supported plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Westcombe Park conveyancers have worked on recent similar cases.